US Patent Issued to SOUTH CHINA UNIVERSITY OF TECHNOLOGY on June 17 for "Systems and methods for blockchain-based virtual power plant management" (Chinese Inventors)

ALEXANDRIA, Va., June 19 -- United States Patent no. 12,334,734, issued on June 17, was assigned to SOUTH CHINA UNIVERSITY OF TECHNOLOGY (Guangzhou, China).

"Systems and methods for blockchain-based virtual power plant management" was invented by Haoyong Chen (Guangzhou, China), Baomin Li (Guangzhou, China), He'nan Hu (Guangzhou, China), Zhi Li (Guangzhou, China) and Weichao Wang (Guangzhou, China).

According to the abstract* released by the U.S. Patent & Trademark Office: "Disclosed is a system and a method for blockchain-based virtual power plant management, relating to the field of virtual power plants. The system mainly includes three modules: an event-driven based demand rapid response and flexible resource optimal allocation module ...